- By far the mortgage on our home is the largest expense. Right now I pay $1,600/month. This will go down some next year because it currently includes a payment to make up a shortage in my escrow account.
- I paid $300 to renew two types of termite protection on the Airbnb. I had to have it tented when I purchased it in 2014 so this coverage protects me should there be another infestation.
- We had a lot of "fun" last month. Early in the month I went to Tunica for a few days and lost at blackjack. We have also been doing mini-getaways. In August we visited Boca Raton, Fort Myers, Sarasota, Naples and Atlanta. Hotel stays are included here but fortunately rates are really low. I was able to take advantage of Hilton's price match guarantee for three separate bookings. While I was booking a price-match room with Hilton I was offered bonus points to listen to an offer from Hilton Grand Vacations. I decided to take advantage of the offer for a Hawaiian vacation, so the deposit for that is included as well. In all, I took 5 trips and paid for a sixth, all for $1,800.
Everything ElseRental property expenses were more than $1,000. When a new tenant moves into one of my managed properties I have to pay a leasing fee to the management fee. My largest rental property rented in July and the $700 leasing fee was billed to me last month.
August Business Spending: $2,497
August Personal Spending: $5,288
August Expenses: $7,785
$0 Clothing/ Personal Care
$1,818 Fun (vacations movies, gambling, alcohol, concert tickets)
$6 App Jobs Expenses (tolls, car washes, etc.)
$0 Unreimbursed Job Expenses
$0 Reimbursed Job Expenses
$1,382 Rental Property Expenses
$1,108 AirBNB Expenses